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obama wants to deliver change we can believe in but he can't do it alone. it's thursday march 28th. i'm alex wagner. this is "now." >>> want to make sure every american is listening today. >> the president's in-box is at capacity. gun control. immigration reform and that whole grand bargain thing. how much power does he have to get it done? david axelrod breaks it down. does politics imitate art? oscar winner barry levinson and "new york times" frank bruney on the culture curve. the rominee returns. mitt tries to convince us he's normal. >> the market is surging but the paychecks are paltry. what gives with the american economy. >>> have some inner growth i never experienced. >>> and disgraced governor turned drug counselor jim mcgreevey talks redemption and second chances. >>> surrounded by mothers who lost children to gun violence, this afternoon, president obama remembered the tragedy in newtown, connecticut. >> shame on us if we've forgotten. i haven't forgotten those kids. shame on us if we've forgotten. >> that line highlighted the fundamental problem for the white house. it's b
see them change. they are doing very well. the most exciting thing, our work is about empowering the girls. these girls can say no to being cut. they can dream of becoming lawyers, teachers, doctors, and we see my daughter do better than my son. i came back for girls in my community don't have to negotiate like i did to accept their dreams. that's why i wake up every morning. >> what a great smile. how inspiring. >>> on monday, soledad will have a sitdown interview with facebook coo sheryl sandberg. >> cnn newsroom with carol costello starts now. >>> happening now in the newsroom -- a gay marriage stunner. >> i'm announced today a change of heart. >> staunch ohio conservative rob portman, a dramatic reversal, backing same-sex marriage after his own son comes out. >> i now believe people ought to have the right to get married. >> politics getting very personal. also, knife fight. >> the small pocket knife is not going to result in a catastrophic failure of an aircraft. >> the tsa chief outspoken and outfront. we'll talk to one tsa agent. >> a really smart smartphone. the new samsu
they will definitely change the complexion of the business, the profitability of the business, but that it is neither going to be a smooth transition for an immediate transition and that is what happens when you make fundamental changes the way companies do business. lori: thank you very much. fedex today around $100. melissa: we're counting down to today's fed announcement at 2:00 p.m. eastern, the fed keeping the money flowing. how the fed chairman stands to get out of all of this. lori: the cyber threat and some south korean banks financial firms here on high alert. melissa: congress may be ready to agree on one thing. how lawmakers are ready to push ahead with the keystone pipeline. are they doing it without the president? first, take a look at metals heading out to break. trading lower on gold and silver, but copper is up 1.3%. we will be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply on
of changes to domestic tax rates that we have been alluded to that are attractive for those russian companies in cyprus. in terms of the broader solution, whether it is just the changing of the terms of that 2.5 billion euro loan, an extension, another 5 billion which is sensibly would cover most of the money which would have been raised by the deposit tax. i'll put this forward. the more risk there is now associated with companies, countries, individuals holding money in cyprus, surely those companies and countries and individuals will not want to keep their money in cyprus and you're going to risk capital flight the minute those controls come off whether they are russian investors are global investors and more money that leaves the system, the larger the bailout has to be and there is the problem unluck unlocked eu proposal. >> thank you very much. appreciate your time. here's a look at what's happening in markets as we digest news flow. it's green behind me. this goes back to the point people are making when it comes to the crisis. despite the extraordinary nature, we're still looking at a
changing? is the flow of funds more into equities so far this year or not? >> it is, tyler. we're seeing more flows into equities this year which is a good trend. obviously, we've seen a cycle over the last four years, and that's really rocking the boat. and what we need to do is get people back to the middle. think about a diversifiy eied portfolio, we'll see people continue to buy as the population ages. we need to keep inflation in mind. equities are the only place that is really going to outpace inflation over long periods of time. and people investing in whether it's for accumulation or even income distribution, you need to be thinking about inflation when they think about their allocation to equities. >> brian, i want to ask you about we're all waiting for the s&p to hit its closing highs, just a few points away, for investors. and i guess for a market strategist, which is more important for you to see the strength of this rally? is it these new highs on 30 dow components or is it the s&p 500? >> it's really the s&p 500. for instance, we do not forecast 30 stocks. we forecast a tar
doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have high fever, confusion and stiff muscles or serious allergic skin reactions like blisters, peeling rash, hives, or mouth sores to address possible life-threatening conditions. talk about your alcohol use, liver disease and before you reduce or stop cymbalta. dizziness or fainting may occur upon standing. take the next step. talk to your doctor. cymbalta can help. >>> several photos for you that caught our attention today. have a look at this one.
to take that position. portman explained his change of heart in "the columbus dispatch". he said it began two years ago, when his college-age son told his family that he is gay. wall street backed up a bit as the week ended. that ended a ten-day winning streak by the dow jones industrial average-- its longest in 17 years. the dow industrial average lost 25 points to close at 14,514. the nasdaq fell nearly 10 points to close at 3,249. for the week, the dow gained just under 1%. the nasdaq rose a tenth of a percent. those are some of the day's major stories. now, back to judy. >> woodruff: thousands of activists gathered this week for one of the conservative movement's biggest events. "newshour" congressional corresspondent kwame holman was there. >> reporter: for four decades the conservative political action conference known as "c- pac" has served as a barometer for republican politics. and this year, the g.o.p.'s future direction is the issue for more than 10,000 delegates who've been meeting just outside washington. at the last few gatherings of c- pac, the focus was on taking back the
trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take certain other medicines should talk to their doctor as serious stomach problems such as bleeding may worsen. patients may experience slow heart rate. free trial offer for them. nurses to talk to for you. visit exelonpatchoffer.com. ♪ ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> welcome back everyone. here are the stories making news around the world right now. >> in the central africa republic, the president was forced to flee his own country. rebels seized the capital. the president is
such a broad range of content types, as the way that we all share changes, the composition of news feed naturally changes as well. so you know, back when we were first getting started, news feed was primarily made up of text. but now that we have these cameras in our pocks with the phones, we can upload photos, news feed has become primarily about visual content. as can you see, since the end of 2011, now almost 50% of the content in the average news feed is photos and visual content. and similarly, a lot of us think about news feed as primarily about friends and what your friends are up to. but again, since the end of 2011, you can see the amount of content from pages and public figures who you are following publicly has increase sewed now in the average news feed it is more than 25, almost 30% of the content. so how we are all sharing is changing. the design of your news feed needs to reflect this evolving face of news feed. and who you are sharing with. of course we want to share with friend and get updates from friends but we also want updates from publications and businesses that w
changed that whole way of thinking. if he can resign, well then such taboos are now over. >> rose: you said an interesting thing which you said which was the idea of first of all was he a man of faith, and secondly, was he a man who could govern. governorring seemed to be an important quality here. >> definitely. there's a real sense that things have to be straightened out. there was a great feeling of drift under benedict. his mind was focused on writing his biography of jesus and being a theologian and he was somewhat aloof and removed from matters. i don't cover the vatican closely i don't have a complete handle on his papacy. you can't have a shera come in who doesn't have the whole package, projecting piety and projecting a sense of faith that will stimulate people to return to the church or reinforce the church. that's got to be essential really at least in the minds of the cart numbers. >> rose: stay with me, i wanted to bring in monsignor. >> i wanted to say something. he was latin american and the church in latin america is very important to the church and the holy sea. >> r
will rise. they know that these changes will create more competition because consumers will be able to log onto an easy website, have a lot more choices on who they want to ensure them. dagen: fried, they are not making it up. they face a lot of restrictions. they also have the reduced ability to set rates based on age. that, obviously, you will have higher premiums as a young healthy individual because you have to bear the cost of that. >> that is not the case. dagen: i am asking brad. >> rates have already gone up. they went up even before obamacare had passed. they have to create huge reserves for the new people who are coming on board. my rates have already gone up. they are telling their brokers, look, not only will your business model change, but rates will increase for your customers yet again. the government has created such restriction on the marketplace. it is no longer free market. businesses are finding ways to skirt the laws. they are making full-time employees part-time employees. it does not help the 15 million unemployed. dagen: when president obama said if you like your he
-profile companies have recently had big changes at the top. from the golden arches to the king of club retailers. but are these blue chip shares still strong with new leadership at the helm? cramer's looking inside the executive suite to find out. all coming up on "mad money". >> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail at cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. you don't really have to
this to fair change, we do not have much change, with more than $16 trillion in debt we have no change, and washington, incapable to agree on a cut, where well, we have no money. republicans are right to say we have to cut our way out of this mess, and democrats right to say, we can't out our way to prosperity. we have to boom our way out. no boom? boom. so how do you sustain a 5 year crawl? make sure it does not turn into another crash. easier said than done, we have to do now is make sure, well, it doesn't happen any time soon, i will ask former nyse chairman dick grasso about, that but first, swiss america chairman greg smith, and joe durham did anything change today or punch wait and confirm what we've seen in recent days? >> i think two things have happened that are important, one, the market is a reblixive of our -- reflective of our collective psychology, until it hit a new high, the average investor was still in a, what do i do to avoid losing more money mind set, they will start shifting to an, am i missing opportunities so that fear from shifting money to missing opportunity
not last. that's why goldman sachs economist says the federal reserve is unlikely to change its easing monetary policy from this report alone. >> the question i think is more how many times months do you have to see to be convinced that is the underlying trend of job growth. if you have a long period at this kind of pace of course they would make some changes but really how sustainable is it and how are we going to be looking at this three or six months down the road. >> reporter: there were gains in construction and moving jobs, the service sectorith etail educion and health care leading the way added 179,000 jobs, but government employment dropped by 10,000, that could be a sign of things to come as the sequester spending cuts hit. overall, it's the third month in a row that job gains were above 200,000, but it brought back memories of last year when strong wintertime hiring only brought about a springtime swoon. for "nightly business report," steve liesman. >> that surprisingly good news about jobs is good news for all of us but is the turnaround taking place fast enough? i spoke wi
not consulted about the change. the head of the association representing air marshalls says of tsa officials "they act like everybody on the back side of that cockpit door is disposable." "i don't agree with the knife part. sports equipment is ok." the list of what will be allowed includes: small folding pocket knives 2.36 inches long, corkscrews, small novelty bats shorter than 24 inches, ski poles, hockey and lacrosse sticks, billiard cues and two golf clubs. "i think tsa is trying to increase profiling and moving away from nickel and dime things but knives--that's surprising how quick this came." a coalition of 90-thousand flight attendants want the white house to intervene. but there are supporters of the t-s-a's decision and they include the airline pilots association and airline consultant bob herbst,"the tsa is more of a 'dog-and-pony show' than real security." "the tsa's job is to protect the cockpit and the aircraft." a spokeswoman for the t-s-a said there are no plans to review easing carry-on restrictions. meanwhile, razor blades, box cutters and full-size baseball bats must still
're trying to do. but governor bush seemed to change his stance somewhat during a series of recent interviews prompting tough criticism from senate majority leader harry reid. >> let's wait for a few minutes and see how jeb bush changes his mind again. his opinion on immigration is not evolving. it's devolving. he keeps going backwards. i think he's frankly made a fool of himself the last 24 hours. frankly, on this issue, i don't think jeb bush is a florida leader. i think marco rubio is. bush has been elected to nothing lately. rubio is the leader on immigration. >> okay. joe, a new poll by latino decisions shows immigration reform is by far the most important issue for hispanic voters. that's by the economy and jobs, education and health care. >> john heilemann, let's talk, john heilemann, about your next book. bush -- "game change 2016." i think this may have to be the opening scene of jeb getting out of a cab in the middle of the dark, you know, in a cold march morning and walking into the "today" show when announcing that he's changed his mind. i mean, the second i heard it, i said, the
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: are you changing your asset allocation mix now? is that something you're in the midst of doing, especially on a day like today and yesterday when there seems to be a lot of money moving around, not a lot of new money, but money moving nonetheless. >> we're not changing our allocation. it's a bottom-up investor, a u.s. equity focus, and what we noticed it the past eight years, most investors flee u.s. equities to go to cash and bonds, some of the money might be coming back into the market, and that actually would be a significant catalyst for significantly higher equity evaluations. cheryl: you have bullish targets for the year. you say we got a good 10% to run here with maybe, like, a 5% pullback. do you think we're getting that pullback now as you look at the trajectory the rest of the year? >> well, it's true, near term, the markets had a terrific run, since november of last year, it would bb, i think, acceptable to a pullback, and cypress would be an excuse for that, but i think it's a strong buying opportunity. we've had several in the last few year, and, actually, the correct decision
moderate on social issues. >> you haven't changed on that front? >> i haven't changed at all, if anything i probably have become even somewhat more moderate? >> if the republican party stands a chance to win -- >> you want to know what i think? we do want to know what he thinks. don't miss my eye-opening interview with rudy giuliani. like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. how's that for an encore? it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, wh
and change whereas brent is so high and of course, our gasoline is priced up at brent because of the mismatch of the non-federal policy on energy and everywhere we don't need it. we don't have keystone yet and we can't get the refiners and they used to have the right oil and they're all for heavy oil. >> you mentioned two problems that require the federal government to have a response. an energy policy and an immigration policy. neither of which yet exists. >> no. 6:30 dinner is sacrosanct at the white house, and we know when we have congress people on they seem to want to spitball each other and throw mud. i don't see the consensus developing. everyone thinks the market can take care of itself. you can't. the cng, compressed natural gas, so the companies want gas, but they want the -- you can't do what's uponed without the federal government. not subsidies, but just law. >> let's switch gears here and talk about apple. jefferies is cutting its price target from $420 a share from $500 while maintaining a hold on it. asia channel checks have led him to cut revenues to the low end of current qu
of his offices, and residen resident-- residences have, they make his bed, they change his sheets, they set out his table settings. they're waiting for him to reappear any day. his notebook, his cigarettes, everything is there waiting. >> rose: cardinal dolan, the story of whitey bulger tina packer and lawrence wright when we continue. >> funding for charlie rose was provided by the following: captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: cardinal timothy dolan the archbishop in new york was in rome for the recent conclave that selected a new pope. i talked with him soon after the vote and dinner with the pope, among the 115 cardinals who selected him, and we talked about the selection of this new pope. >> what does this choice represent for the church, and why do you believe without telling us anything that went on inside, why dow believe he was chosen? >> well, let's look at it from two ways, charlie. first of all you asked me what does this represent, or what does this mean. let me try to answer that one in two w
of changes unless you want to screw with some of the numbers in the report. they really did not do a lot. jeff: this is rallying today based on the report. >> it will still attract a lot of planting this year. we did not change a lot of the numbers. now we are looking at march 28. jeff: tell me about this, this exchange had a lot of funds in, a lot of funds, a lot of investment. >> they got a little bit ahead of themselves. dollar-denominated products should automatically go up. we are going to be inflating. those people had to take their money back out. jeff: we look at soybeans today. also, perish on soybeans. perish on wheat today. the volumes are so thin. it is typical. jeff: scott, appreciate it so much. alwayy nice to see you. what can i tell you. is pretty much just unchanged. tracy: jeff flock, thank you very much. ashley: the safe haven seem to be slipping away as more and more americans are dipping into retirement savings just to get by. the largest mutual fund company says people taking out loans against their account is just 12% said 2008. tracy: america not voted the top cou
the cypress government changed its mind. the central bank here as well as the finance minister decided to open all the banks on thursday rather than staggering with some openings on tuesday. by that time, lou, people will be without banks on this island nation for 12 full days. they were told to keep calm, but that could be difficult. lou: i'm sure it is difficult, and difficult as well, days ago, we heard they had just a few days of food supplies, grocery stores were running short of food stocks for the shelf. what is that situation? is there now food in this bailout that will make that -- going to decrease the food problem? >> the supplies here okay, lou. gas was short because people were hording. what they are running short on is cash. right now, the atms are limited to 100 euros, that's $130 per day, and that is a big problem for the folks here, and one more point is people forget that a lot of people do their banking online. again, for 12 days, the folks here have not been able to do any kind of online banking, any kind of electronic transfers, using the banking system..3 i spoke to one e
. we will have the latest on the change coming up. >> a for alarm fire breaks out over nine san francisco's bayview district. we are live on the scene. >> we're also just hours away from another historic supreme court hearing today the high court will hear the defense the marriage act. >> friday will be the warmest of the week and we may see 70's. there is unsettled weather for this afternoon and also on to the weekend. i will have full details coming up. >> it is still a lighted easy ride the golden gate bridge. we have no backups yet despite the change to electronic toll collection. all around the bay the heaviest traffic is still in the east bay on interstate 580 and highway 4. >> the commute is different at the golden gate bridge. this is " officially gone automatic ". as of midnight, the last poll taker has left the toll plaza and the last car to pay a toll drove through the gates. kron4 will tran joins us live from the golden gate bridge with updates. >> have saved a little bit of road rage. so far, everything is great. according to the spokesperson 86% of the morning com
, christina. president obama renewing his push for gun control. >>> changed me spiritually, changed me mentally and emotionally. i had to go to prison to grow up. >>> from famed r&b singer to convicted killer. how one man who spent more than three decades in prison is using his newfound freedom for redemption. >>> it's more than just the end of the week, it's the end of the financial quarter. we'll look at the best performing stock over the last three months coming up in news. >>> happening now, president obama just finished talking about the economy in miami. he's pressing congress to pass new tax incentives and other measures aimed at tracking private sectors projects around the company. he spoke at a miami ports undergoing $2 billion in upgrades funded by public and private money. next week the president will head to colorado to continue his push for stricter gun laws. he has just a small window to persuade congress to back it in the senate early next month. it's expected to be an uphill battle as congress is showing limits to stricter gun laws. >>> not just the end of the week but
proposition. >> reporter: epa says the gasoline change reducing sulphur by two-thirds would not go into effect for four years and would have the pollution impact of taking 30 million cars off the road. the agency says the change would cost about a penny per gallon. critics say it would be more like a dime. the epa says 29 of the nation's 111 refineries already meet the sulfur standard in only 16 would need major modifications. public citizen's think the industry is exaggerating the cost. >> this is kind of game that people play if you don't want to -mbark upon the required necessary investments in refining infrastructure you paint a doom and gloom scenario. >> reporter: officials say the changes would prevent tens of thousands of child respiratory ailments since a 2400 lives per year, but obama congressman wants proof of that. >> my child has as much. i get this. and the stand this, but you cannot just make a unilateral declaration and have some capricious new regulation come out that actually does not have the real effect other than just raising prices. >> reporter: automakers support the cha
, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor about your medical conditions and medications, especially insulin, corticosteroids, or medicines to decrease blood clotting. so...what do men do when a number's too low? turn it up! [ male announcer ] in a clinical study, over 80% of treated men had their t levels restored to normal. talk to your doctor about all your symptoms. get the blood tests. change your number. turn it up. androgel 1.62%. > i'm jim cramer. welcome to my world. you need to get in the game. firm are going to go out of business and he's nuts! they're nuts! they know nothing!
-- >> that's pocket change. literally pocket change for warren buffett. >> what did he say, his perspective is always interesting. >> his demeanor -- >> even when it comes to newspapers. >> local is still important. >> if he still likes stocks and likes companies, shouldn't people at home like stocks and companies? he's a thoughtful man. i like him. >> let's talk about the markets overall as we start the week. the dow starting within 75 points of its all-time closing high. the markets are facing some headwinds. you have continued wrangling in washington over the sequester. data showing the wealthy shouldering the load in consumer spending. futures are lower after a sell-off in the shanghai market after beijing announced new property buying restrictions. you add all these things together, jim, and you think slowing growth around the world. we also, of course, got the terrible pmis on friday which showed slowing in europe, across europe. >> the best performing groups, augmented by the purchase of heinz, are these companies that do really well in a slow economy. kimberly, clorox, they're very
avenue. >>> it is changing and we have showers up in petaluma and out to the west and there is a little bit of activity north of hayward and the coverage on the south is out in the gilroy area. especially tomorrow we have a few thunderstorms and the weekend things will clear up and we will have updates on mornings on 2. >>> also coming up, we continue to follow that s.w.a.t. team standoff in san francisco and things are changing by the minute. >>> two separate arson incidents at two separate hospitals, stay right here with us. >> reporter: heavy rain and strong winds moving across the bay area overnight. mum, we'll break down rain timing for today and when thunderstorms could be added to the forecast. >>> an intense standoff unfolding at a san francisco pot club this morning. we'll tell you why the s.w.a.t. team was called to this building and we'll tell you about the wanted man we're told is inside. >> reporter: a two-hour police standoff in a quiet neighborhood in san mateo. we will tell you what happened inside the hospital, what workers there are telling us this morning. >>> also --
issues. >> you haven't changed much on that front. >> if anything, i've become more moderate. >> if a republican party stands a chance to win -- >> you want to know what i think? >> we do. don't miss my interview with him. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. i use bounce outdoor fresh sheets because they're just that much fresher and they help keep static off in the cold so my clothes will never embarrass me. mommy, i dressed the snowman! how do you get your bounce? less static year-round. >>> the dow ask hitting new record highs, and some things are looking good. lest we forget, though, we have a serious fiscal problem in this country. we're one week into the so called sequester, the forced spending cuts because your elected leaders couldn't come up with a better, smarter way to shrink our debt. tuesday, paul ry
of the university of central florida. is a student had planned to kill people near his dorm but changed his mind killed themselves. >> police say james seev sku marn had some homemade bombs, and an assault weapon, a handgun, and under the rows of ammunition in his dorm long. authorities believe he pulled a fire alarm just after midnight common plant tissue students said they left the building. one student called police and is believed the south as iras may have made the suspect rethink his plan. >> first soda now cigarettes. >> new york city mayor michael bloomberg is starting tobacco sales. he wants to require store to keep tobacco products out of sight unless an adult is buying something or employes are restocking. the goal is to crack down on young people smoking. the proposal would also ban selling tobacco products at a discount. there would be also the tougher penalties. >> 4:22 is the time. we will take a break. giving you a quick look at the toll plaza as you make your way toward the oakland side of the toll plaza heading into san francisco. what we're looking at the east bay temperatures
on steroid. when we gets down on the ground and talks to people he can change mind. if you ask people do we have a good education system they say no. but if you ask if they like their school they say yes. it impacts you in oregon and people will get on board with you . fortunately, the president is more savvy than we like to let on. >> steve, the fact is, we are going in the wrong direction. we are spending more money for all of the talk about cuts. >> and that's right. and the entitlement is kicked in. it gets worse. we would haved a half trillion off of the deficit in the growth alone. the pathetic cut in the deficit in this point of the recovery is pathetic. >> a cut is a cut is a cut. >> millioningsful americans work at home to avoid all of this. yahoo is it forcing employees back to the office place. is it that the best or worst thing for america's work force? that is come happening -- coming up next. for investors like you? tdd#: 1-800-345-2550 schwab bank was built with all e value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide.
. there is still a lot of good to be gained at cpac. this harsh lesson will agitate maybe change. >> the good young voices if we with that characterization, they are overshadowed by the palins and the trumps who will pick up the media and not be heard. >> they will make their selection decisions more carefully. >> i don't know. we will see. >> mixed reactions to the death of venezuelan president hugo chavez. he died tuesday of cancer. allies call him a hero and they compared chavez to a saint. here in the states, others are celebrating the possibility of a new chapter in u.s. relations since venezuela is the fourth largest flyer of oil to the u.s. our facebook fans are weighing in on how his death could impact relations. i'm not sure relations will improve. chavez's successor is stepping in without much a do. that pretends not much will change. that's the serious side. now here is colbert's take with another headline that is much more alarming. >> hugo chavez, venezuelan strong man and friend of the show is dead. repeat, hugo chavez is dead. obviously -- i know. obviously this leaves a huge hole in
to young teens or tweens cross a line? >>> big changes coming to "the view." there's speculation that another of the hosts is on the way out days after joy behar announced she's getting set to leave. we'll get into all of that intrigue. >>> in afghanistan, a suicide bomber attacking in kabul as defense secretary chuck hagel's in the middle of a trip there. we have more from kabul. mike, good morning. >> reporter: good morning, carl. how are you? yeah, terrible day of violence here in afghanistan. one suicide attack in the eastern city that was aimed at a joint patrol, nine civilians killed, though. eight of them children, the other one, as you mentioned, here in central kabul. an afghan official saying it was a lone bicycle-riding suicide bomber who set off his charge 30 yards to the main entrance of the afghanistan began defense ministry. the blast could be heard for miles, even at the building where secretary hagel was in a briefing. the briefing continued uninterrupted as did the itinerary that took him to bagram air base and jalalabad. today is a big day. he will visit in kab
to think that's going to change anytime soon. but i am on the lookout for something that comes along to disturb that pretty comfortable view right now. >> yeah. it's interesting, rick santelli, because we keep hearing all this talk about the great rotation, money coming out of fixed income, out of bonds, and into stocks. and so far, anybody you talk to keeps saying, who's buying? well, this newfound buying and this new momentum that we saw in 2013 is all from cash. 4 401ks, it's not coming out of bonds. >> end it so interesting that in the eight days, starting on the 28th of february, that brought us to this record, in those eight days, the range of closing yields is about 20 basis points. so the surreal effect of what's going on, not to dismiss it, but it really is surreal. i mean, as a fixed income guy, with which great run, i would have suspected interest rates to be much higher. so we do get back to the fed. i always find it fascinating that the people really talking about this great rotation, like stocks, don't want to acknowledge so much that the fed's at the epicenter. but it
are changes looking in this rally right now? >> i think the amazing thing, and you're going to talk to jeff sprecher, maria, in a couple of minutes. i want to point out the exchanges are all hitting new highs today. the volume has been light. i.c.e., new high. i think people are starting to understand the synergies there. cboe, that's a new high. they locked up the s&p options contract for at 14 years. they just announced that. that's a big steal. but nasdaq's at a new high as well, cme, chicago merck, also at a new high. virtually all of them. but on stocks, the volumes keep dropping, and that's the primary driver that we're looking at here. so here's your average daily volume, so far. 6.4 billion, for the first quarter of 2013. last period, 6.8 billion. and first quarter of 2012 was lower than the first quarter of 2011. finally, that s&p 500, i want to point out, there's your 12-year chart. this is a triple top. 1565 would be a new historic closing high for the s&p. but we were here in 2007, a little bit below that, and also right near it as well in 1999/2000. guys, back to you. >> thank
haven't changed a lot. sentiment, however, has. we are seeing investors become more confident in equities. our clients will have to set up the time horizon and hit a portfolio that really meets the goal that they are trying to accomplish. >> i didn't hear you mention the word cyprus once in that first paragraph or two of your thinking. do you think that the worries over cyprus are overblown? >> it is very small. it is .2% of the e.u. forget the global markets. it is very, very small. cyprus has the potential to represent contagion. if cyprus like greece before, if that were to infect let's say spain or italy it would become an issue. if it doesn't it becomes localized. the big issue in cyprus that is troublesome is they have their version of the fdic which is deposit insurance. that is rule of law. if they were to break that for financing purposes that would be very, very different. cyprus when you compare that to the u.s. housing which is positive and may be offsetting in terms of what washington has taken away by tax increases and sequestration it is a small episode. >> let'
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